Chainalysis Says Crypto Activity Barely Fell Despite $2.1T Market Rout
TL;DR Chainalysis says measured global crypto economic activity declined just 1.6% during the 12 months ended June 30, 2026. That happened while the wider crypto market lost roughly $2.1 trillion in capitalization. Domestic peer-to-peer and cross-border stablecoin activity both grew sharply during the period. Crypto prices took a beating over the past year, but the…
Chainalysis Warns Malware Operators Are Turning Blockchains Into Dead Drops
TL;DR Chainalysis says cyber attackers are increasingly storing malware instructions on public blockchains. It calls the technique “Blockchain Dead Drops.” The blockchain itself is not compromised; attackers are using its public, persistent data layer. Cybercriminals have found a new use for public blockchains, and it has nothing to do with moving money. Chainalysis says a…
Crypto Laundering Network Linked To Ransomware Gangs Dismantled By Law Enforcement
TL;DR Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activity. The firm says the network processed about 10,333 BTC since 2021, historically valued at roughly $389 million. Authorities arrested two suspected senior administrators in Georgia, while the U.S. is seeking extradition. The case highlights how illicit crypto…
Crypto Hackers Drain Over $36M From Protocols Using Unverified Contracts
A crypto hacker who drained $26 million from Ethereum-based protocol Truebit in January had likely practiced the technique on smaller targets first, according to blockchain analytics firm Chainalysis. A Contract Left Exposed For Years The Truebit exploit was the largest of four incidents Chainalysis identified in a new report covering the past six months. Together,…